Market Research Blog

Dynamics of Market

The controller chip segment is projected to procure more than four-fifth share of the market, in terms of revenues, exhibiting staggering double-digit CAGR throughout the assessment period. In terms of revenues, the segment is projected to retain its dominance throughout the forecast period. Moreover, the segment is estimated to generate incremental dollar opportunity of over US$ 6,800 Mn during 2017-2027.

The use of embedded security for IoT in connected cars is projected to expand at significant growth rate during the assessment period. Embedded security systems for IoT worth nearly US$ 687 Mn were used in connected cars in the year 2016.

Automotive industry, by vertical type is anticipated to retain its dominance in the market throughout the forecast period, securing almost one-third revenue share by the end of 2027.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-2410

Regional Segmentation

Moreover, the North America is anticipated to remain most lucrative regions for embedded security for Internet of Things market throughout the assessment period. The market in this region has secured nearly US$ 773 Mn in the year 2016 and secured nearly one-third revenue share of the market. In terms of revenue, the North America region is anticipated to retain its dominance over the assessment period. Rising utilization of IoT devices has led to increased security concerns, thereby numerous government regulatory bodies in US region have allotted security guidelines for IoT solution providers throughout various verticals. During this period, the market for embedded security for Internet of Things in Western Europe region is anticipated to reach nearly US$ 1,677 Mn by the end of 2027, procuring staggering CGAR throughout the assessment period. Further, number of government authorities in different countries are ensuring that device manufacturers execute better security programs in order to secure cyber-attack on IoT networks and devices.

Competitive Landscape

Blackberry, a Canadian telecom service provider introduced an IoT platform based on cloud technology with device management features allowing data collection from range of networks and devices. This platform allows business partners, application developers and others to combine various aspects of IoT solutions comprising security. Primarily, the platform was directed towards shipping and automotive sector and in foreseeable period it is likely to be extended to other sectors such as healthcare and energy.

Several key market players, operating in the market are profiled in the report include, ARM Holdings Plc. (SoftBank Corp), Trend Micro Incorporated, Intel Corporation, NXP Semiconductors N.V., Gemalto N.V., Palo Alto Networks Inc., Check Point Software Technologies Ltd., Synopsys, Inc., Infineon Technologies AG, Inside Secure, and Cisco System Inc. The report reveal that these market players are likely to contribute more in the growth of the global market for embedded security for Internet of things.

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/2410

According to Future Market Insights’ report, connected cars are capable of generating information regarding traffic flow, engine performance, etc. in real time. This data can be extracted using transportation predictive analytics and simulation, thus providing better analysis of transportation authorities. In terms of value, the global transportation predictive analytics and simulation market was valued at US$ 1,550.0 Mn in 2016, and is expected to reach US$ 3,916.6 Mn by 2027-end. During this forecast period, the market will reflect robust growth at a CAGR of 8.9%.

Increasing vehicular traffics witnessed across the globe, and the earnest need for saving costs through cost-effective data solutions, and thereby rendering operational efficiency in logistics sector are also observed as key drivers for growth of global transportation predictive analytics & simulation market. In the report, titled “Transportation Predictive Analytics & Simulation Market: Global Industry Analysis and Opportunity Assessment, 2017-2027,” North America is projected to remain the largest market for transportation predictive analytics and simulation solutions North America’s transportation predictive analytics and simulation market will account for 35% of the market revenues by 2027-end. The region will also register fastest revenue growth at 10.5%, while Japan and the Asia-Pacific excluding Japan region will reflect growth at more than 9% CAGRs.

The report emphasizes on how predictive analytics can help companies to maximise revenue and minimise transportation costs by predicting customer demand while dealing with any capacity limitations. They can help airline companies devise a business strategy such as adjusting flight schedules or flight fares during different demand periods, and help maximise revenues as well as increase customer satisfaction. In 2016, more than US$ 230 Mn worth of transportation predictive analytics and simulation solutions were deployed in airline transport sectors across the globe. Nevertheless, in the long run, roadways will remain the most crucial component of transport for adoption of predictive analytics and simulation solutions; global revenues from which will soar at 9.8% CAGR through 2027.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-2075

Taking into account the rising use of microscopic transportation simulation platforms for infrastructure planning, more than one-third of global transportation predictive analytics and simulation revenues will be accounted by microscopic simulation throughout the forecast period. Demand for macroscopic simulation, however, is projected to witness marginal decline in terms of its global revenue share. The report also predicts that on-premise deployment models will lose traction, but will still dominate the market revenues. Meanwhile, cloud-based deployment of transportation predictive analytics and simulation in the forecast period will bring in over US$ 1,400 Mn in global revenues.

More than 90% of the global transportation predictive analytics and simulation market will remain dominated by software over services. And, the report has profiled leading developers of transportation predictive analytics and simulation software & solutions, which include, IBM Corporation, Xerox Corporation, SAP AG, PTV Group, Cubic Corporation, Space-Time Insight, Tiger Analytics Inc., T-Systems International GmbH, Predikto Inc., and Cyient-Insights.

Given a drop in prices of infrared (IR) imaging, civilian surveillance applications are widely embracing the technology. These rugged thermal cameras can be used remotely and controlled through internet in real time by leveraging ascendant remote management software (ARMS) from any device.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-764

COVID-19 Pandemic Impact Analysis

The sudden coronavirus (COVID-19) pandemic situation has widened the gap between supply and demand of security and surveillance systems, which, in turn, is severing the supply chain as well as manufacturing operations of various video surveillance system manufacturers. In the course of past five years, the market for rugged thermal cameras has grown by almost 8%, globally.

Furthermore, due to the pandemic, nationwide lockdowns and restrictions on transportation & logistics are resulting in production downtime and worker scarcity. In China, where the pandemic initially began, supply chains have also been negatively impacted by the COVID-19 spread, hindering the overall Chinese production by 2%.

Key Takeaways of Rugged Thermal Camera Market Study

• North America is expected to hold significant share in the global rugged thermal camera market over the forecast period.
• Cooled thermal cameras are likely to capture leading revenue share among all technology, as these cameras are widely used in extreme conditions worldwide.
• Security and surveillance is anticipated to remain key application area of rugged thermal cameras.
• Players in rugged thermal cameras continue to invest in government sector over the decade.

The rugged thermal camera market in South Asia & Pacific is likely to witness rapid growth, owing to upsurge in military expenditure in countries such as India, Singapore, and Malaysia. In addition, rise in adoption of new-age security systems for detecting and preventing security breaches is creating fertile ground for rugged thermal camera market players.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-764

Increasing Adoption of Rugged Thermal Cameras in Maritime Industry to Propel Sales

Rugged thermal cameras are highly effective in maritime environments, wherein they are used to detect objects that can damage a vessel, and shipping lane traffic buoys. They monitor activities in port and detect approaching vessels without alerting them. Furthermore, rugged thermal cameras provide mariners with professional multi-sensor marine thermal vision to see other vessels, people in the water and navigational hazards.

Interested in More Valuable Insights on Rugged Thermal Camera Market?

Future Market Insights offers an unbiased analysis of the global rugged thermal camera market, providing historical data for 2015-2021 and forecast statistics from 2022-2030. To understand opportunities in the rugged thermal camera market, the market is segmented on the basis of technology, application, and end user across seven major regions.

Increasing adoption of advanced technologies such as artificial intelligence in drones to improve the crop production will drive the market growth.

Expansion of agriculture sector across India, Australia, and China is the major factor fueling the demand for modern technologies such as sensor based variable rate technology in agriculture sector.

Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-939

Historically, the global smart agriculture solution market grew at 5.7% CAGR between 2016 and 2020. With advent of precision farming and adoption of agriculture 5.0 technologies, sales of smart agriculture solution registered an inclination of 4.6% in 2021.

With increasing adoption of precision farming and smart greenhouses application, demand for sensor based and map based technologies will drive the sales. As per FMI, the global smart agriculture solution registered year-on-year growth of 6.8% in 2021.

Key Takeaways from FMI’s Smart Agriculture Solution Market Study

• In terms of application, variable rate technology segment is anticipated to record highest CAGR through 2021 & beyond
• Based on component, hardware segment is expected to witness fastest growth, accounting for nearly half of the market share
• Drones segment will account for substantial global market share through 2031
• Sensor monitoring system segment is expected to witness significant growth during the forecast period
• India is expected to emerge as one of the most lucrative smart agriculture solution market through 2031
• With Brazil leading the growth of Latin America smart agriculture solution market, Latin America is expected to record a CAGR of 12.3% during the forecast period

 “Smart agriculture solution providers are collaborating with local and small- and medium sized agriculturists and IT companies to expand their product portfolio. Besides this they are integrating advanced technologies such as artificial intelligence and machine learning to offer smart farming solutions. This is expected to improve the crop productivity and efficiency,” says the FMI analyst. 

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-939

Competitive Landscape

As per the study, key players operating in the smart agriculture solution market are investing in developing modern and smart agriculture products such as smart aerial drones to gain competitive edge.

Some of the players are focusing on introducing new products and forming strategic partnerships with local agricultural product providers to expand their consumer base. For instance:

• In March 2021, to improve cow comfort and hoof condition, leading player DeLaval announced the launch of its new robot collector series, DeLaval robot collector RC550 and RC700, designed for solid floors with unique rotary manure intake system.
• In November 2020, John Deere, to improve the crop yield in precision farming, announced the launch of its new precision agriculture farming application Auto Path which uses data collected from the first pass in the field to establish precise row guidance for all field passes.

Get Valuable Insights on Smart Agriculture Solution Market

Future Market Insights, in its updated report, presents an exhaustive analysis on the global smart agriculture solution market, covering historical demand data and forecast figures for the period between 2021 and 2031. The study divulges compelling insights on growth drivers and market potential in detailed segmentation basis of component (hardware (sensor monitoring system, smart detection system, GPS enabled ranging system, and drones), software, and services (climate information service, supply chain management service, and others)) and application (automated machinery guidance control, tractor collision and obstacle detection, machinery safety and parameter monitoring, variable rate technology, and building and premises surveillance) across seven major regions including North America, Latin America, Europe, Asia Pacific excluding Japan, Middle East & Africa, and Japan.

The value of the global cognitive systems spending market is anticipated to witness a CAGR of 14.6% during the forecast period of 2020-2030.

“Growing demand for cognitive systems in different application industries and increasing awareness of technological advancements such as natural language processing technology among others, which are prominent factors driving the growth of the global cognitive systems spending market,” Says the FMI Analyst

Key Takeaways of Cognitive Systems Spending Market Study

• Among the verticals segment, banking segment expected to expand at a higher CAGR over the forecast period, owing to recognition and widespread acceptance of consumer-based intelligent assistant applications.
• East Asia is expected to create lucrative growth opportunities for players in the cognitive systems spending market, owing to the increasing challenge that most banks and financial institutions in the countries of this region.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-2616

Increasing Adoption of Cognitive Systems Spending Market amid the COVID-19 Pandemic outbreak

Cognitive collaboration harnesses the benefits of machine learning and artificial intelligence to increase distributed and in-person collaboration experiences. A team of computer science research at the Carnegie Mellon University has developed a tool using Artificial Intelligence (AI) that determines whether an individual is infected with coronavirus by analyzing the sound of their cough, the way they speak or even breathe. The voice production mechanism is so complex and dependent on cognitive abilities, such factors drives the cognitive systems spending market.

More Valuable Insights on Cognitive Systems Spending Market

FMI’s report on the cognitive systems spending market is segmented into three major sections such as component (GPS & radar systems, multi-function navigation, fish finders/SONAR modules, thermal & visible cameras, marine VHF communication devices, audio/video equipment, marine autopilots, autonomous identification systems, analogue & digital communication display, satellite TV), and software), applications (merchant marine, fishing vessel, yachts/recreation, military naval autonomous shipping, smart boat, underwater drones), and region to help readers understand and lucrative evaluate opportunities in the Cognitive Systems Spending market.